CORTICEIRA AMORIM

- EUR (-)

- 15 min delayed data - Euronext Lisbonne

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	COR
ISIN:	PTCOR0AE0006

CORTICEIRA AMORIM - Daily - Technical analysis published on 08/01/2023 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

72%

28%

My opinion

Bullish above 10.04 EUR

My targets

10.78 EUR (+3.45%)

11.37 EUR (+9.12%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on CORTICEIRA AMORIM as long as the price remains well above 10.04 EUR. The buyers' bullish objective is set at 10.78 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 11.37 EUR. If there is any crossing, the next objective would be the resistance located at 11.98 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

8.4

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

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Additional analysis

Quotes

The CORTICEIRA AMORIM price is 10.42 EUR. The price registered an increase of +1.17% on the session and was between 10.28 EUR and 10.42 EUR. This implies that the price is at +1.36% from its lowest and at 0% from its highest.

10.28

10.42

Here is a more detailed summary of the historical variations registered by CORTICEIRA AMORIM:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of CORTICEIRA AMORIM in Daily shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

The probability of a further increase is high given the direction of the technical indicators.
The Central Indicators scanner found this result concerning these indicators:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	9.53	10.04	10.34	10.42	10.78	11.37	11.98
Change (%)	-8.54%	-3.65%	-0.77%	-	+3.45%	+9.12%	+14.97%
Change	-0.89	-0.38	-0.08	-	+0.36	+0.95	+1.56
Level	Intermediate	Intermediate	Major	-	Intermediate	Minor	Minor

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	10.07	10.15	10.23	10.31	10.39	10.47	10.55
Camarilla	10.26	10.27	10.29	10.30	10.32	10.33	10.34
Woodie	10.06	10.15	10.22	10.31	10.38	10.47	10.54
Fibonacci	10.15	10.21	10.25	10.31	10.37	10.41	10.47

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	9.81	9.99	10.17	10.35	10.53	10.71	10.89
Camarilla	10.26	10.29	10.33	10.36	10.39	10.43	10.46
Woodie	9.82	9.99	10.18	10.35	10.54	10.71	10.90
Fibonacci	9.99	10.12	10.21	10.35	10.48	10.57	10.71

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	8.82	9.21	9.75	10.14	10.68	11.07	11.61
Camarilla	10.04	10.13	10.22	10.30	10.39	10.47	10.56
Woodie	8.91	9.25	9.84	10.18	10.77	11.11	11.70
Fibonacci	9.21	9.56	9.78	10.14	10.49	10.71	11.07

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	67.73
MACD (12,26,9):	0.1500
Directional Movement:	15.80
AROON (14):	71.43
DEMA (21):	10.33
Parabolic SAR (0,02-0,02-0,2):	10.22
Elder Ray (13):	0.11
Super Trend (3,10):	10.04
Zig ZAG (10):	10.42
VORTEX (21):	1.2600
Stochastique (14,3,5):	78.77
TEMA (21):	10.45
Williams %R (14):	-14.93
Chande Momentum Oscillator (20):	0.28
Repulse (5,40,3):	1.0200
ROCnROLL:	1
TRIX (15,9):	0.1700
Courbe Coppock:	9.97

MA7:	10.35
MA20:	10.10
MA50:	9.94
MA100:	9.92
MAexp7:	10.33
MAexp20:	10.16
MAexp50:	10.00
MAexp100:	9.86
Price / MA7:	+0.68%
Price / MA20:	+3.17%
Price / MA50:	+4.83%
Price / MA100:	+5.04%
Price / MAexp7:	+0.87%
Price / MAexp20:	+2.56%
Price / MAexp50:	+4.20%
Price / MAexp100:	+5.68%

Quotes : - 15 min delayed data - Euronext Lisbonne

News

Don't forget to follow the news on CORTICEIRA AMORIM. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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